3 and 5 Cambridge Road, Bellerive

An excellent opportunity to purchase an investment property in the historic village of Bellerive Tasmania.

Located less than 10 minutes drive or approximately 6.5 kilometres from the Hobart CBD, the premises are easily accessible from both the Eastern Shore and Hobart and its environs.

The building superbly located adjacent to the Bellerive Boardwalk, the Bellerive Yacht Club and the Bellerive ferry terminal where the new Trans Derwent ferry will arrive and depart from.

On separate title these two sites are currently occupied by one business, Ken Vance Motors, and are both leased for three (3) years from the 1st of July 2021 with a further three (3) year option.

3 Cambridge Road with an area of 309m2* comprises a two- level workshop, with access from Cambridge Rd and Victoria Esplanade.

Access from Cambridge Rd leads to a three (3) bay mechanical workshop plus single office, separate parts room and underneath the rear area is further storage and a compressor room and access to the three vehicle service pits that are part of the upper area accessed from Victoria Esplanade.

The upper area has the three vehicle service pits with an awning over one of the pits plus a small toilet and washroom.

Access to the rear is via right of way from Victoria Esplanade and there is parking for 2 vehicles outside the pit area.

5 Cambridge Road comprises 81m2* with a small ground floor office which serves as reception for Ken Vance Motors plus a customer waiting area, rear office, storage plus lunchroom/kitchen and toilet.

Although the buildings are separate there is a direct access between the two at the rear of 5 Cambridge Road.

For Sale by Expressions of Interest closing 5pm Friday 27th August 2021.

* Approximate